Phate Zhang

The X9 EREV marks Xpeng's first hybrid car, with the company planning to introduce more such models to target higher sales.

Representatives from several Chinese automakers visited CATL headquarters to secure battery capacity before the rollback of NEV purchase tax incentive.

"Tesla's robot can't even do this -- how could Xpeng possibly make it?"

As of press time, WeRide fell 12.18 percent and Pony AI dropped 13.96 percent.

Xpeng aims to achieve mass production of advanced robots by the end of 2026.

These robotaxis will be equipped with four of Xpeng's in-house developed Turing AI chips, delivering computing power up to 3000 TOPS.

The chip is expected to be delivered within the next 3-5 years, with a single-chip computing power of about 500 to 700 TOPS.

BYD showcased the Yangwang U8 to local customers during a new store opening in the UAE in September 2024.

The updated Zeekr X starts at RMB 145,800 ($20,460) after limited-time incentives, offering over 530 km of CLTC range.

As of press time, Seres was down 4.79 percent in Hong Kong morning trading, with a market capitalization of HK$217 billion ($27.9 billion).